Our week in China

CMC Markets CEO Peter Cruddas explained to FinanceFeeds in Shanghai “We came here not to adventure and speculate, but based on our long-term research and understanding of the Chinese market, and our full understanding that this is a good time to further our business in China. If we had come with a speculative mentality, we would not be evolving in the right direction for the whole Chinese team.” Here is the full report and our interaction with the management team

Shanghai office opened today, marking a milestone in FX industry research and reporting, with official .cn top level domain to bring YOU the crucial information from within China, and help YOU establish YOUR business in mainland China via the correct and official channels

A milestone in connecting the FX industry across the entire world with a vital Chinese B2B audience has now been completed as FinanceFeeds has successfully registered a government-issued Chinese domain. FinanceFeeds.cn will go live in just a matter of days, bringing China to you, and taking your business across China

A detailed examination of why London’s intebank FX Tier 1 bank dealers are waning, and where the liquidity is now centered. To those who think China cannot distribute its interbank liquidity outside, a second look is recommended !

“Most IBs we are looking for are IBs that have been working with exchanges. They have a very good client base, and the clients are wealthy with strong portfolios across many asset classes, but because the small regional exchanges were operating a B-book and were not bona fide exchanges, the government has brought this to public attention and is shutting them down, and the investors need something more reliable and less subject to malpractice, so are turning more and more to spot FX” – Elvis Tsang, BeneForex

In Guangzhou, the world’s large FX and OTC derivatives firms gathered to discuss in detail the important aspects of today’s highly refined business environment here in China. Here are the full highlights of day 1 of the Fortune Forum FX industry conference

Here in Guangzhou, China, we discuss how to ensure best execution to Chinese customers, and how to reduce the latency – You cannot beat the firewall, but you can build sophisticated trading systems for increasingly demanding Chinese IBs and retail customers. Here is a comprehensive insight

On May 12 and 13, FinanceFeeds will report live from Guangzhou, China, on all important aspects of what is important when dealing with the 100,000 lot per month, $300 million asset under management IBs in the second tier development towns, and will work closely on how Western firms can work with the most profitable businesses in the retail FX industry

Here in Shanghai, Tim Brankin explains a world first in which the MetaTrader 4 platform is now connected to CME to enable retail customers to trade listed derivatives on CME and OTC FX on the same system via the same brokerage

Chinese clients are very astute when it comes to understanding of execution model. Some companies are prepared to forego the massive volume opportunities that come from non-Chinese companies that invest in complete Chinese infrastructure in order to provide clients with a Western trading environment

For today’s Chinese brokerage, quality IB relationships and connectivity via a bona fide prime of prime are vital. Here in Shanghai, we look at how China’s FX industry is completely B2B. Fake exchanges and warehouse brokerages cannot measure up to China’s sophistication, and Western firms wishing to join in must not do so remotely

Gone are the days of small to medium brokerages attracting business from mainland China. The only way in 2017 is to have full Chinese operational presence. This applies to brokerage facilities, use of media, hosting and payments.